Press release from PR Newswire
SkyWest, Inc., Reports Combined April 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines.
Monday, May 09, 2011
SkyWest, Inc., Reports Combined April 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines.18:57 EDT Monday, May 09, 2011ST. GEORGE, Utah, May 9, 2011 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") reported a 51.0 percent increase in departures to 115,507 for April compared to 76,495 for the same period last year. Passenger boardings for April increased 46.7 percent to 4,543,391 compared to 3,097,439 for the same period last year. SkyWest also reported a 54.0 percent increase in revenue passenger miles (RPMs) for April, while available seat miles (ASMs) increased 56.6 percent compared to April 2010. The combined airlines generated 2.35 billion RPMs for the month, while ASMs increased to 3.0 billion. Load factor was 78.2 percent compared to 79.5 percent, down 1.3 percentage points compared to April 2010. The substantial increases for each of the items are due primarily to the acquisition of ExpressJet Airlines on November 12, 2010.About SkyWestSkyWest is the holding company for three scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's scheduled passenger airline operations include SkyWest Airlines, Inc. ("SkyWest Airlines") also based in St. George, Utah, Atlantic Southeast Airlines, Inc. ("Atlantic Southeast") based in Atlanta, Georgia and recently acquired ExpressJet Airlines, Inc. (ExpressJet Airlines") based in Houston, Texas. SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines. SkyWest Airlines also operates flights for AirTran Airways under a marketing agreement. Atlantic Southeast operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines. ExpressJet Airlines operates as Continental Express and United Express under contractual agreements with Continental Airlines and United Airlines and is a wholly-owned subsidiary of Atlantic Southeast. System-wide, SkyWest serves markets in the United States, Canada, Mexico and the Caribbean with approximately 3,950 daily departures and a fleet of approximately 707 regional aircraft. This press release and additional information regarding SkyWest can be accessed at www.skywest.comFLIGHT STATISTICSSkyWest, Inc. April Traffic20112010% ChangePassengers4,543,3913,097,43946.7Revenue Passenger Miles2,350,861,2211,526,813,64654.0Available Seat Miles3,007,961,3281,920,816,49656.6Load Factor78.2%79.5%(1.3) ptsBlock Hours186,673114,95962.4Departures115,50776,49551.0Calendar Year-To-Date20112010% ChangePassengers17,100,45111,815,16744.7Revenue Passenger Miles8,799,017,1425,874,974,65849.8Available Seat Miles11,614,964,8887,561,786,98253.6Load Factor75.8%77.7%(1.9) ptsBlock Hours726,582459,11258.3Departures447,882298,73549.9SOURCE SkyWest, Inc.For further information: Michael J. Kraupp, VP Finance and Treasurer, St. George, UT 84790, Telephone: +1-435-634-3212, Fax, +1-435-634-3205